OCP Foundation of Morocco nominated for Gandhi Mandela Award

   By Power Corridors ,  17-Oct-2019
OCP Foundation of Morocco nominated for Gandhi Mandela Award

The OCP Group plans to open 14 new branches in Sub-Saharan Africa to make a promising entry into the African market.

The OCP Foundation of Morocco has been nominated for the prestigious Gandhi Mandela Award to be held later this year. It is one of the leading exporters of phosphate rock, phosphoric acid and phosphate fertilizers in the world. The OCP Group has nearly 20,000 employees located mainly in 4 mining sites and two chemical complexes in Morocco, as well as in other international locations. 

In 1975, the Office chérifien des phosphates became the OCP Group. In the following years, the OCP Group invested in the creation of new production lines, especially in Jorf Lasfar, where the construction of a new chemical complex began in 1982. These new industrial structures for the production of sulphuric acid and phosphoric acid would become effective in 1986, followed by the production lines for fertilizer in 1987. In February 2016, the OCP Group created a new subsidiary named OCP Africa, which is responsible for leading the development of the group on the African fertilizer market through a network of subsidiaries in 5 African countries. The subsidiary was granted the status of Casablanca Finance City (CFC) for investors on the African continent to benefit from an attractive package of tax incentives and other opportunities.

The OCP Group plans to open 14 new branches in Sub-Saharan Africa to make a promising entry into the African market. The main countries targeted by this operation are: Côte d’Ivoire, Senegal, the Democratic Republic of Congo, Benin, Cameroon, Nigeria, Tanzania, Angola, Zambia, Zimbabwe, Mozambique, Kenya, Ghana, and Ethiopia.